A PLUS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
A PLUS
Largest movements
- Cash +€53,913
up €53,913 (+77.3%), from €69,744 to €123,657
mainly Net result for the year (+€62,644) and Tax, wage and social debts (+€10,006)
- Receivables within one year +€8,256
up €8,256 (+164.6%), from €5,017 to €13,273
of which Trade receivables: +€8,958
- Stocks and contracts -€3,202
down €3,202 (-4.7%), from €67,687 to €64,486
- Reserves +€62,644
up €62,644 (+92.0%), from €68,118 to €130,762
of which Distributable reserves: +€62,644
- Trade debts -€13,791
down €13,791 (-85.5%), from €16,136 to €2,345
- Tax, wage and social debts +€10,006
up €10,006 (+204.5%), from €4,893 to €14,898
- Gross operating margin +€56,786
up €56,786 (+131.7%), from €43,124 to €99,910
- Taxes +€18,549
up €18,549 (+134.4%), from €13,805 to €32,354
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €153,620 | €212,479 | +€58,858 | +38.3% |
| Fixed assets | 21/28 | €6,264 | €7,266 | +€1,002 | +16.0% |
| Tangible fixed assets | 22/27 | €6,150 | €7,152 | +€1,002 | +16.3% |
| Plant, machinery and equipment | 23 | €489 | €0 | -€489 | -100.0% |
| Furniture and vehicles | 24 | €745 | €3,900 | +€3,155 | +423.3% |
| Other tangible fixed assets | 26 | €4,916 | €3,252 | -€1,664 | -33.9% |
| Financial fixed assets | 28 | €114 | €114 | = | 0.0% |
| Current assets | 29/58 | €147,356 | €205,212 | +€57,856 | +39.3% |
| Stocks and contracts in progress | 3 | €67,687 | €64,486 | -€3,202 | -4.7% |
| Stocks | 30/36 | €67,687 | €64,486 | -€3,202 | -4.7% |
| Amounts receivable within one year | 40/41 | €5,017 | €13,273 | +€8,256 | +164.6% |
| Trade receivables | 40 | €734 | €9,691 | +€8,958 | +1221.2% |
| Other amounts receivable | 41 | €4,283 | €3,582 | -€702 | -16.4% |
| Cash at bank and in hand | 54/58 | €69,744 | €123,657 | +€53,913 | +77.3% |
| Deferred charges and accrued income | 490/1 | €4,908 | €3,797 | -€1,110 | -22.6% |
| Total equity and liabilities | 10/49 | €153,620 | €212,479 | +€58,858 | +38.3% |
| Equity | 10/15 | €130,091 | €192,735 | +€62,644 | +48.2% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €68,118 | €130,762 | +€62,644 | +92.0% |
| Tax-exempt reserves | 132 | €165 | €165 | = | 0.0% |
| Distributable reserves | 133 | €67,953 | €130,597 | +€62,644 | +92.2% |
| Amounts payable | 17/49 | €23,529 | €19,743 | -€3,786 | -16.1% |
| Amounts payable within one year | 42/48 | €21,029 | €17,243 | -€3,786 | -18.0% |
| Trade debts | 44 | €16,136 | €2,345 | -€13,791 | -85.5% |
| Suppliers | 440/4 | €16,136 | €2,345 | -€13,791 | -85.5% |
| Taxes, remuneration and social security | 45 | €4,893 | €14,898 | +€10,006 | +204.5% |
| Taxes | 450/3 | €4,893 | €14,898 | +€10,006 | +204.5% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,098 | €3,052 | -€46 | -1.5% |
| Other operating charges | 640/8 | €1,634 | €1,868 | +€234 | +14.3% |
| Gross operating margin | 9900 | €43,124 | €99,910 | +€56,786 | +131.7% |
| Operating profit (loss) | 9901 | €38,392 | €94,990 | +€56,598 | +147.4% |
| Financial income | 75/76B | €79 | €168 | +€88 | +111.1% |
| Recurring financial income | 75 | €79 | €168 | +€88 | +111.1% |
| Financial charges | 65/66B | €225 | €160 | -€65 | -29.1% |
| Recurring financial charges | 65 | €225 | €160 | -€65 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €38,246 | €94,998 | +€56,752 | +148.4% |
| Income taxes | 67/77 | €13,805 | €32,354 | +€18,549 | +134.4% |
| Profit (loss) for the period | 9904 | €24,442 | €62,644 | +€38,202 | +156.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,442 | €62,644 | +€38,202 | +156.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.